Tag Archives: The trouble with Glencore is that with less than $US3 billion in cash and roughly $US30 billion of debt on its balance sheet it has “always held very little cash on the sidelines relative to the siz

Glencore shares tumble on concerns over commodity prices

September 28, 2015 Share market sheds $56 billion as commodities tank; Glencore crash shakes resources “Despite carnage for local mining and energy stocks, nothing in Australia matched Glencore’s near 30 per cent plunge in London overnight and a matching slump … Continue reading

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